Forecast: Fertilisers and Nitrogen Compounds Market Size Volume in the UK

The UK market for fertilisers and nitrogen compounds has shown a steady decline over the past decade. Starting from a peak of 2.6889 billion kilograms in 2013, the market faced significant decreases, notably a sharp drop in 2015. The trend continued with minor fluctuations, yet the overall trajectory remained downward. By 2023, the market volume was 1.4849 billion kilograms, reflecting a continual shrinkage. The recent year-on-year variations highlight consistent declines, with the last two years showing drops close to 4% and the last five years indicating an average yearly decline rate of -3.34%.

Looking forward, forecast data suggests this downward trend will persist, with the market projected to decrease to 1.17 billion kilograms by 2028. Future trends to watch for include potential impacts of sustainable agricultural practices, regulatory changes, and technological advancements in fertiliser production that might influence market dynamics.